It’s The Algorithm Stupid! Part IV – Humanity becomes redundant

Posted: 2012/04/15 in Education / Awareness, Future Developments?, Google, New Business Models, Stats / reports, Tech Evolution

Intel man thinks Humans to be out-evolved by an algorithm – Humanity becomes redundant
http://news.techeye.net/science/intel-man-thinks-humans-to-be-out-evolved-by-an-algorithm

It’s not just Jon Ronson whose life is being manipulated by internet algorithms – it’s all of us. And their power is growing
http://www.guardian.co.uk/commentisfree/2012/mar/30/how-bots-are-taking-over-the-world

The Mind’s Eye program aims to develop breakthrough algorithms for automatically recognizing and describing human activities
http://www.embedded.com/electronics-news/4370129/DARPA-foresees-breakthroughs-in-computer-vision

Financial institutions will benefit from Visa’s cutting-edge, patent-pending algorithms, which help detect fraud patterns. Using this algorithm, Visa Strategy Manager allows financial institutions to target the riskiest transactions with customized fraud strategies and determine whether a transaction should be approved, declined or flagged for review.
http://www.marketwatch.com/story/visa-strategy-manager-boosts-issuer-fraud-detection-2012-04-11

News personalization inherently creates an echo chamber for bad ideas, reinforces preconceived beliefs, and may actually lead people to believe they’re making informed decisions because ‘everyone’ agrees. It will also tend to radicalize and become even more limited over time, because it naturally funnels down to the news you really like.
http://scattergather.razorfish.com/1136/2012/04/14/the-pleasures-and-perils-of-personalized-news/

Research by a market data firm has traced the crash of BATS’ IPO to a single algorithm that executed over 500 times on Nasdaq, driving its price from $15.25 to about two cents in less than a second
http://www.advancedtrading.com/algorithms/232800284

Chinese App Store rankings see major shifts following algorithm tweaks
http://www.pocketgamer.biz/r/PG.Biz/App+Store/news.asp?c=39316

An influential group of UK lawmakers has called on Google to introduce an algorithm to remove search links found to be in breach of privacy – or face legislation to force it to do so
http://www.bbc.co.uk/news/technology-17523020

Best X, an Equity Algorithm Using Advanced and Time Tested Intelligence Focused on Finding the Optimal Price
Best X removes dependence on user-defined parameters and settings, eliminating the need for time-consuming configurations and inputs. Best X automatically adjusts the aggressiveness of execution according to various indicators and market trends. It is designed to deliver optimal trade execution through real-time evaluations of all relevant market centers and numerous market indicators. By evaluating liquidity in real-time, Best X seeks to find the best execution opportunity for orders of any size.
http://www.marketwatch.com/story/wolverine-execution-services-launches-best-x-an-equity-algorithm-using-advanced-and-time-tested-intelligence-focused-on-finding-the-optimal-price-2012-03-28

Most pieces of content people end up watching on Netflix are found with the help of a computer equation that thinks it know what you want to watch
http://whatsnext.blogs.cnn.com/2012/04/09/inside-netflixs-popular-recommendation-algorithm/

Algorithm may unsnarl Beijing traffic
http://www.upi.com/Science_News/2012/03/27/Algorithm-may-unsnarl-Beijing-traffic/UPI-38771332894214/

Aoun, a 29-year old entrepreneur in Seattle, unveiled on Wednesday an automated, algorithm-driven news aggregator called Wavii that strips articles down to its bare essentials — who did what — and presents them in a customized, Twitter-like feed…of five or six words
http://uk.reuters.com/article/2012/04/12/oukin-uk-aggregator-startup-idUKBRE83B00020120412

Algorithm captures what sounds most pleasing to the ear – and it could put human instrument tuners out of the job
http://www.dailymail.co.uk/news/article-2122578/Algorithm-captures-sounds-pleasing-ear–human-instrument-tuners-job.html

Google Algorithm Changes For March Finally Released. And it’s a big list…
http://www.webpronews.com/google-algorithm-changes-for-march-finally-released-2012-04

FutureAdvisor debuts algorithm-based financial advice website
http://www.computerworlduk.com/news/it-business/3345994/futureadvisor-debuts-algorithm-based-financial-advice-website/

Self-sculpting smart sand could assemble itself into solid replicas of objects
http://www.gizmag.com/smart-sand-mit/22130/

While algorithms can crawl the entire web to find relevant information, could the things that we share on Facebook become a better and more reliable data-set?
http://thenextweb.com/insider/2012/03/30/man-vs-machine-could-facebooks-people-sourced-search-beat-googles-algorithm/

Do we really want someone overlooking our habits with “automated reasoning?” Is this a good thing or not? I suspect that depends on who gets the information, especially since the junk emails I get seem to be based on the queries I make on Google
http://savannahnow.com/accent/2012-04-01/jane-fishman-automated-reasoning-new-world-order

Don’t get me wrong, the math is fun, but we’re excited because we can begin to distill patterns that were previously invisible to us due to a lack of information
http://radar.oreilly.com/2012/03/data-science-deep-data-information-paradox.html

Wall Street is no more efficient at “transferring funds from savings to borrowers” than it was in 1910
This finding is particularly astonishing given the huge impact that computers have had on the economy in general and on financial industries in particular. What Philippon found was that “technological improvements in finance have mostly been used to increase secondary market activities, i.e., trading.”
http://www.tnr.com/blog/timothy-noah/102680/wall-streets-inefficiency

SAP Goes After Predictive Analytics Software Market
http://www.destinationcrm.com/Articles/CRM-News/Daily-News/SAP-Goes-After-Predictive-Analytics-Software-Market-81819.aspx

A library of software algorithms and middleware that combines and processes data from sensors in smartphones and tablets, to interpret users’ movements, context, and intent, was announced today by Sensor Platforms
http://www.marketwatch.com/story/sensor-platforms-introduces-freemotion-library-and-software-development-kit-2012-03-26

New computer algorithms will allow the Navy to more accurately identify pirate vessels hiding among innocent shipping on the sea lanes with much greater speed and much less manpower
http://www.gizmag.com/firescout-mmss-pirates/22099/ 

The SafeNet Sentinel® portfolio of software licensing and protection solutions now includes new functionality that protects security algorithms from attacks in “white box” environments, where attackers traditionally have been able to freely observe and alter dynamic code execution and internal algorithm details at will
http://www.marketwatch.com/story/safenet-thinks-outside-the-black-box-with-industrys-first-white-box-cryptography-software-protection-solution-2012-04-03

Here is the truth: despite the fact that the specific technical functioning of data mining algorithms is quite complex — they are a black box unless you are a professional statistician or computer scientist — the uses and capabilities of these approaches are, in fact, quite comprehensible and intuitive
http://www.theatlantic.com/technology/archive/2012/04/everything-you-wanted-to-know-about-data-mining-but-were-afraid-to-ask/255388/

Nine Algorithms That Changed the Future by John MacCormick
One of the best things about Nine Algorithms That Changed the Future is that it is of interest to computer professionals and innocent bystanders (non-professionals) alike. Should I happen to fall through a time warp and appear in the 1950s, all I have to do is remember these database tricks and techniques to ensure that I become rich beyond my wildest dreams
http://www.eetimes.com/electronics-blogs/other/4370374/Book-Review–Nine-Algorithms-That-Changed-the-Future-by-John-MacCormick

See also:

It’s the algorithm stupid! Part II
http://vrritti.com/2011/11/23/its-the-algorithm-stupid-part-ii/

It’s the algorithm, stupid! Do algorithms offer the ultimate grounds for exoneration? Can they fail, or only the people writing them?
http://vrritti.com/2011/09/30/its-the-algorithm-stupid-do-algorithms-offer-the-ultimate-grounds-for-exoneration-can-they-fail-or-only-the-people-writing-them/

#OccupyWallStreet demonstrates that there are many ways to intentionally, accidentally or unconsciously but automatically disrupt the free flow of information
http://vrritti.com/2011/10/03/occupywallstreet-demonstrates-that-there-are-many-ways-to-intentionally-accidentally-or-unconsciously-but-automatically-disrupt-the-free-flow-of-information/

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